Scan for RSI above 70 or below 30?

M

mdtn

New member
VIP
Hello,
Is there a way to scan a watchlist with the current price has just touched RSI 70% or 30% or within the last 5 bars?
I am trying to find which stock on my watchlist is at oversold or overbought area within the last 5 bars.
Thanks!!
 
Last edited by a moderator:
BenTen

BenTen

Administrative
Staff
VIP
It's effortless. Here is an example of how to set up a scanner for RSI crossing above the oversold line (30).



Once you have this setup, you can also select the specific watchlist that you wish to scan in. This could be your own personal watchlist or any of the pre-built watchlists by ThinkorSwim.



By default, the scanner will run on the Daily (D) chart; you can change this to any other timeframe of your choice.
 
BenTen

BenTen

Administrative
Staff
VIP
@mdtn If you look at the first screenshot, bottom right-hand corner, it says, "Within 5 bars." This value is adjustable.
 

Similar threads

Top